Menu
IBM will open the first of four new UK data centers next month

IBM will open the first of four new UK data centers next month

The company is betting on the U.K.'s finance industry continuing to grow post-Brexit

IBM is opening four new data centers in the U.K., despite some of the gloomy forecasts for the country's economy following its vote to leave the European Union.

It's five years since the company began offering cloud services in the U.K., and two years since it opened its second cloud data center there.

The new data centers will raise the U.K.'s share of IBM's cloud capacity in Europe from one-sixth to more than one-third. That's an interesting bet on the U.K.'s future outside the E.U.

Following June's "Brexit" vote, the U.K. is set to withdraw from the 28-country bloc in a little more than two years, once the U.K. government makes up its mind when and how to leave. After that, it's anybody's guess what role data centers in the U.K. will play in the broader European economy.

In May 2018, the EU's General Data Protection Regulation will enter effect, tightening rules on the transfer of citizens' personal information outside the bloc. Unless the U.K. continues to respect EU regulations -- something the popular vote would seem to have rejected -- or negotiates its own equivalent of the EU-U.S. Privacy Shield, then processing such information in the U.K. will be out of the question.

But IBM could still find enough business to fill those data centers in other ways.

London continues to thrive as a financial center and even if, post-Brexit, European banks are forced to move some trading activities to Paris or Frankfurt to comply with regulations, the City may be able to reinvent itself as an "offshore" market.

Highly regulated industries such as finance are among the opportunities IBM said it is targeting with the new data centers.

IBM also plans to support around 150 cloud APIs on its Bluemix development platform from its new U.K. data centers, including access to its Watson artificial intelligence tools and its blockchain technology, something increasingly drawing the attention of the financial industry.

The first of the four new data centers will open in Fareham, England, next month. But the company isn't having them all built from the ground up.

The second, due to be up and running by the middle of next year, will be in space leased from Ark Data Centers. That same facility already houses the Crown Hosting Framework, a joint venture between Ark and the U.K. government for hosting government data. The other two should also open in 2017, IBM said.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Blockchain

Featured

Slideshows

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

This year’s Reseller News 30 Under 30 Tech Awards were held as an integral part of the first entirely virtual Emerging Leaders​ forum, an annual event dedicated to identifying, educating and showcasing the New Zealand technology market’s rising stars. The 30 Under 30 Tech Awards 2020 recognised the outstanding achievements and business excellence of 30 talented individuals​, across both young leaders and those just starting out. In this slideshow, Reseller News honours this year's winners and captures their thoughts about how their ideas of leadership have changed over time.​

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners
Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

This exclusive Reseller News Exchange event in Auckland explored the challenges facing the partner community on the cloud security frontier, as well as market trends, customer priorities and how the channel can capitalise on the opportunities available. In association with Arrow, Bitdefender, Exclusive Networks, Fortinet and Palo Alto Networks. Photos by Gino Demeer.

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security
Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomed 2019 inductees - Leanne Buer, Ross Jenkins and Terry Dunn - to the fourth running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing face of the IT channel ecosystem in New Zealand and what it means to be a Reseller News Hall of Fame inductee. Photos by Gino Demeer.

Reseller News welcomes industry figures at 2020 Hall of Fame lunch
Show Comments